MTU Aero Engines (OTCMKTS:MTUAY) Hits New 1-Year Low – Here’s What Happened

MTU Aero Engines AG (OTCMKTS:MTUAY)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as $164.70 and last traded at $165.23, with a volume of 2160 shares traded. The stock had previously closed at $164.80.

Wall Street Analyst Weigh In

MTUAY has been the subject of a number of research analyst reports. Citigroup reiterated a “sell” rating on shares of MTU Aero Engines in a report on Wednesday, February 25th. UBS Group cut MTU Aero Engines from a “hold” rating to a “sell” rating in a report on Friday, April 24th. Zacks Research cut MTU Aero Engines from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 15th. Kepler Capital Markets upgraded MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Finally, BNP Paribas Exane initiated coverage on MTU Aero Engines in a report on Monday, April 13th. They set an “outperform” rating for the company. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

MTU Aero Engines Price Performance

The company’s 50-day simple moving average is $192.32 and its 200-day simple moving average is $207.66. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.44 and a quick ratio of 1.06. The stock has a market capitalization of $18.09 billion, a price-to-earnings ratio of 15.68 and a beta of 1.02.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings data on Tuesday, February 24th. The company reported $2.67 earnings per share (EPS) for the quarter. The firm had revenue of $2.83 billion during the quarter. MTU Aero Engines had a net margin of 11.74% and a return on equity of 23.32%. Research analysts forecast that MTU Aero Engines AG will post 11.47 earnings per share for the current fiscal year.

About MTU Aero Engines

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company’s activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.